The US has spent more money than it actually has for most of its history. Here’s how the debt ceiling works.

U.S. House of Representatives Speaker Mike Johnson canceled a vote scheduled for Wednesday on his stopgap funding bill, ...

The partisan response to new draft legislation from House Natural Resources Committee Chairman Bruce Westerman (R-AR) could ...

Congress has just nine working days left to ward off a partial government shutdown but no clear plan from the GOP-run House ...

IRS employees at an Austin, Texas processing center must still sort through heaps of paper documents. But digitization tools ...

According to the Cook Political Report, it’s unclear whether Republicans will maintain the majority in the House. Meanwhile, Republicans are on pace to gain a majority in the Senate.

Unproductive government borrowing hurts economic growth and drives inflation. Concerns are raised about the sustainability of ...

The 2024 election cycle is lacking any debate on how to solve the U.S. national debt crisis, with the Vice President Kamala Harris failing to address the issue in her first campaign interview and ...

House Republicans this week passed — with the aid of Democrats — more than two dozen bills to counter the Chinese Communist ...

With additional funding, the Tennessee Valley Authority could provide union jobs, kick-start American industrial production, ...

Each month here on WAVY-TV 10, Admiral Daryl Caudle, commander of U.S. Fleet Forces Command will address a different topic important to our military community. This month there’s no topic ...

The topic has been a major concern in presidential elections for decades. Its absence as a top issue now is notable.